See daily chart of CADJPY below for the discussion that follows.
CADJPY is currently retesting a previous resistance as support. I will consider taking a long if the support is confirmed in the form of candlesticks.
Entered NZDCHF (last week’s post) and got stopped out. It happens, it’s part of the game. As long as I didn’t deviate from my strategy, I’m at peace with the outcome.
Remember, always have your own trading plan and never follow other people blindly. Always know where you will be proven wrong on any trade and have stops in place. Stick to your stops and never bet the farm.
On Ideas: Please don’t take this as trading advise. Please do your own due diligence before entering any trade. Also see Disclaimers.
Thanks for reading.
Thanks and Regards,
Trading SOS SOS